more-arw search

Q&A Forum

SharePoint Best Practices for Finance & Accounting

Greetings! How is your organization using SharePoint to improve finance and accounting processes and reporting? For example, do you use it for team calendars, dashboards, reports, etc? If yes, do you have any best practices you can share? Thanks!


Topic Expert
Doug Thompson
Title: Director of Revenue
Company: Castlight Health
(Director of Revenue, Castlight Health) |

At a previous company it was used in the Professional Services organization to set up a workflow approval system for the many Statements of Work coming through. Defined fields were filled in (start/end dates, rates etc), and they were tracked through stages. In one stage PS Ops, Legal and Finance had to approve before it went on to the next stage. Also used to track expiring SOWs.

Pamela Wise
Title: Director/General Accounting
Company: The E.W. Scripps Company
(Director/General Accounting, The E.W. Scripps Company) |

We use SharePoint with a consultant, but otherwise have found it to be not user friendly. At this time we have elected not to use if for our accounting documents that need shared. We are looking into using our company's intranet site, but that had disadvantages as well. I would love to hear about other options people are using.

Rona Chu
Title: Operations Director
Company: Tangent Business Solutions
(Operations Director, Tangent Business Solutions) |

Sharepoint can be used in tracking deliverables (e.g. tax filing, FS report submission, interco billings), where the info will be coming from numerous accountants in different regions. Just make sure to use a standard naming convention for folders and files uploaded, for easy tracking. For revision or deletion of uploaded reports, it is best to give that access to limited users--to those who will summarize the uploaded reports. To enforce regular updates in Sharepoint, include in performance appraisal of managers/supervisors the timeliness of submission.


Get Free Membership

By signing up, you will receive emails from Proformative regarding Proformative programs, events, community news and activity. You can withdraw your consent at any time. Contact Us.

Business Exchange

Browse the Business Exchange to find information, resources and peer reviews to help you select the right solution for your business.

Learn more

Contribute to Community

If you’re interested in learning more about contributing to your Proformative community, we have many ways for you to get involved. Please email [email protected] to learn more about becoming a speaker or contributing to the blogs/Q&A Forum.